Property Overview
This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2015, it sits on a generous 6,005 sqft lot and features 2,317 sqft of living space with an attached garage and an unfinished basement. The data suggests a home that balances space and newer construction, positioned well within its surroundings. Its appeal lies in being a turn-key property in a prime neighbourhood, requiring no immediate major renovations and offering room for future customization. This home would suit young professionals, growing families, or downsizers seeking a contemporary community feel without the upkeep of an older property. A thoughtful perspective is its strong ranking for living area size city-wide (top 4%), which indicates more interior space than the vast majority of Winnipeg homes, a significant perk that may not be immediately obvious from the street. The unfinished basement, while not a feature now, presents a clear opportunity for future equity growth through a tailored renovation.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for its newer construction (top 10% on the street) and above-average living area (top 41%). Its lot size is around the median, and its last sold price was moderately positioned among recent sales on the street.
2. What is the potential of the unfinished basement?
The basement presents a significant opportunity to add personalized living space and increase the home's value. As it’s not renovated, buyers can design it to their exact needs—be it a recreation room, home office, or additional bedrooms—without needing to undo previous work.
3. How does the assessed value relate to the expected selling price?
The current assessed value is a municipal valuation for tax purposes and is typically not the market price. The home last sold in 2021 for $62.5k above the current assessed value, indicating that market conditions and property demand play a larger role in determining the final sale price.
4. Is the property in a well-established area?
Bridgwater Lakes is a modern, master-planned community. Built in 2015, this home is part of the neighbourhood's earlier phases, meaning landscaping and community amenities are more established than in newer sections, but the area overall retains a fresh, contemporary feel.
5. What does the "rank by area" data mean for the lot size?
The 6,005 sqft lot is larger than 48% of lots on the same street, placing it in the middle of the pack for the immediate area. However, it is a very generous size compared to many older Winnipeg neighbourhoods, offering ample backyard space for gardening, play, or entertaining.